login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

How do I ensure that the Transfer Deed is complete before sending it to the Company?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

When the Transfer Deed with the filled in transferor’s details comes to you, please ensure that the requisite details such as folio number, certificate number, and distinctive number, name of the holder, name and address of witnesses are filled in. Please also ensure that the Transfer Deed is signed by the transferor(s) (signatures of all holders in case of joint holding) and the witness and is accompanied by the self attested copies of PAN Card of both, the transferor and the transferee.

Please note that attestation of transferor’s signature by a Manager of a nationalized bank is necessary where the transferor holds a savings account, however there will be rejection for transfer on account of signature mismatch despite of attestation being done.

Please fill in all the columns of the transfer deed, sign as transferee at appropriate places and arrange for payment of stamp duty at 0.25% of the market value on the date of execution of the transfer deed. Please ensure that the transfer deed is duly filled in and executed as explained, to avoid any discrepancy/objection on lodgement.

Related articles

Fixed Deposit For Wedding Planning: Securing Financial Stability

Introduction: Planning a wedding is a joyous time filled with excitement and anticipation. From selecting the perfect venue to designing the ideal menu, every detail requires attention and careful con...

KNOW MORE

April 26, 2024

Diversifying Investments With Multiple Types Of Fixed Deposits

Who doesn’t wish to grow their money with minimal risks? Everyone appreciates those extra gains. However, each FD investment carries some risks. But, the advantages of FD far outweigh the risks. A f...

KNOW MORE

February 23, 2024

5 Powerful Strategies To Repay Your Business Loan Efficiently

Launching your venture is an exhilarating experience, but it often requires financial assistance in the form of a small business loan. While the initial boost is exciting, repaying the loan can feel o...

KNOW MORE

April 10, 2024